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Virginia BeachWOODS AT LONDON BRIDGE342 Falling Ln✓ Source: REIN MLS #10640544 · record updated Jun 27, 2026 · synced every 5 min · your inquiry is never resold
342 Falling LN, VIRGINIABEACH VA 23454 - Main photo
342 Falling LN, VIRGINIABEACH VA 23454 - Photo 2
342 Falling LN, VIRGINIABEACH VA 23454 - Photo 3
342 Falling LN, VIRGINIABEACH VA 23454 - Photo 4
342 Falling LN, VIRGINIABEACH VA 23454 - Photo 5
$270,000
$211 / sqft · est. $1,671/mo →
2beds
2baths
1,282sqft
10days on market

342 Falling Ln, Virginia Beach, VA 23454

ActiveResidential · built 1984 · WOODS AT LONDON BRIDGE

About this home

The listing, in the seller's words

This beautifully updated 2 bedroom 2 bath home is move in ready, perfect combination of comfort, convenience, and value. bright living area with refreshing finishes. whether your first time home buyers or looking to downsize with well maintained home is a must see. schedule your showing today

Listing courtesy of Marie Disharoon · Howard Hanna Real Estate Svcs. · REIN MLS #10640544

VaHome team overview

Our read on this home

At a glance

342 Falling Lane is a two-bed, two-bath home in Virginia Beach, built in 1984 and offering 1,282 square feet of comfortable living space. With NAS Oceana just five minutes away and Dam Neck Annex a short twelve-minute drive, the location is hard to beat for military households.

Read the full overview ↓

Why this home stands out

What sets 342 Falling Lane apart is its unbeatable proximity to two major installations without the noise and congestion you might expect. The home's compact, efficient footprint means lower utility costs and easier upkeep, while the surrounding Virginia Beach neighborhood gives you access to beaches, retail corridors, and everyday conveniences that larger, more remote properties simply can't match. Two full bathrooms across two bedrooms is a practical layout that works for couples, small families, and anyone who values having a dedicated guest bath.

WOODS AT LONDON BRIDGE and the Virginia Beach real estate market

Virginia Beach is one of the most livable cities on the East Coast, blending coastal energy with genuine suburban comfort. The area around Falling Lane sits in the inland heart of the city — close enough to the Oceanfront to enjoy it on a weekend, but far enough removed to feel like a real neighborhood rather than a tourist corridor. Streets here are quiet and tree-lined, with a mix of established homes that give the area a settled, community feel. If you're exploring open houses virginia beach has to offer, this pocket of the city tends to fly under the radar compared to trendier zip codes — which often means better value and less competition. Virginia Beach's city services, parks system, and road infrastructure are consistently well-maintained, and the city's investment in its neighborhoods shows. The mild Mid-Atlantic climate means you get four distinct seasons without the extremes, and the proximity to the Atlantic keeps summer temperatures more manageable than you'd find further inland.

What's nearby

Day-to-day errands are genuinely easy from Falling Lane. Lynnhaven Mall and the retail stretch along Virginia Beach Boulevard put major grocery chains, pharmacies, and big-box stores within a ten-to-fifteen minute drive. For coffee, local spots and national chains alike dot the corridors near Oceana. First Landing State Park — one of Virginia's most-visited state parks — is accessible within about twenty minutes, offering trails, camping, and kayak launches. The Oceanfront boardwalk is roughly a fifteen-minute drive for dining, weekend entertainment, and beach access. Farmers markets and community events cycle through the area regularly, giving the city a small-town feel despite its size.

For different buyers

For military families relocating

For active-duty personnel stationed at NAS Oceana, a five-minute commute is genuinely rare — and it changes daily life in measurable ways. Dam Neck Annex is twelve minutes out, making this address workable for households with assignments at either installation. A VA loan can make ownership here straightforward, and two full bathrooms means deployments and homecomings don't create the logistical friction a single-bath home would.

For first-time buyers

At 1,282 square feet, 342 Falling Lane is sized right for a first purchase — enough room to live comfortably without taking on more home than you need. Two full bathrooms add flexibility, and the 1984 build means the major structural systems are mature and known quantities. Virginia Beach's strong resale market means you're buying into a city with a track record, not a gamble.

More buyer questions

How far is 342 Falling Lane from NAS Oceana?

NAS Oceana is approximately five minutes from 342 Falling Lane under normal traffic conditions, making it one of the closer residential addresses to the base in Virginia Beach.

How far is 342 Falling Lane from Dam Neck Annex?

Dam Neck Annex is about twelve minutes away, a comfortable commute that keeps this address practical for personnel assigned to either installation.

What is the square footage and layout of 342 Falling Lane?

The home offers 1,282 square feet of living space configured as two bedrooms and two full bathrooms — a layout that works well for couples, small families, or anyone who wants a dedicated guest bath.

Is 342 Falling Lane in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.

Can a VA loan be used to purchase 342 Falling Lane?

Yes — as a single-family residential property in Virginia Beach, 342 Falling Lane is generally eligible for VA loan financing, subject to standard appraisal and lender requirements.

Want to walk through 342 Falling Lane or get your questions answered? Reach out to Tom and Dariya Milan at LPT Realty — they know this corner of Virginia Beach well.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1984

Price / sqft

$211

HOA

None

Taxes

$2,300/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10640544

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

The flood answer first — quantified, not buried

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

>75 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,671/mo

Principal & interest

$1,401

Property tax

$192

Home insurance

$79

PMI

None

HOA

None

Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

113% of $238,500

City assessment record · taxes $2,300/yr

Land share of assessed value

43% — $103,000

Improvements $135,500 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$325,000$380,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

3056 Bow Creek BLVD · 2.7 mi · 1,203 sqft$338,000 sold 2026-03
3045 Capital Hill LN · 2.9 mi · 1,228 sqft$338,000 sold 2026-06
736 Carriage Hill RD · 2.6 mi · 1,408 sqft$380,000 sold 2026-02

Sale & Tax History

List Price

$270,000

Price / Sq Ft

$211

Annual Taxes

$2,300

Monthly Tax

$192

HOA

None

Tax Rate (effective)

0.85%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 17, 2026$270,000
Currently listed$270,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

13% above assessment

Total Assessed

$238,500

Land

$103,000

Improvement

$135,500

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Virginia Beach Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

10 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 342 Falling Ln in a good school zone?+
The assigned zones on the listing record are King's Grant Elementary (GreatSchools 8/10), Great Neck Middle (GreatSchools 8/10), Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 342 Falling Ln in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 342 Falling Ln?+
Yes — TrainVB is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 342 Falling Ln?+
Kenstock Park is about 0.2 miles away.
Where is the nearest grocery store to 342 Falling Ln?+
Food Lion is about 0.5 miles away. The closest dining on record is EJ’s kitchen (0.1 mi).
Does 342 Falling Ln have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 342 Falling Ln built?+
It was built in 1984, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Marie Disharoon · Howard Hanna Real Estate Svcs. · REIN MLS #10640544

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

See it in person — the record only says so much.

Call or text (757) 777-7577

342 Falling Ln, Virginia Beach, Virginia 23454 · MLS #10640544 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.